Ocean Power Technologies (OPTT) said Friday it's launching a new partnership with an initial $2 million of orders in Latin America.
The orders are for Ocean Power's next generation PowerBuoys, which use a mix of wave, solar, and wind power generation, the company said.
Shares were up more than 12% in early trading.
Price: 0.72, Change: +0.08, Percent Change: +12.81